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In my message last year I emphasized the necessity for further legislation with a view to expediting the consolidation of our rail ways into larger s… - Calvin Coolidge
" "In my message last year I emphasized the necessity for further legislation with a view to expediting the consolidation of our rail ways into larger systems. The principle of Government control of rates and profits, now thoroughly embedded in our governmental attitude toward natural monopolies such as the railways, at once eliminates the need of competition by small units as a method of rate adjustment. Competition must be preserved as a stimulus to service , but this will exist and can be increased under enlarged systems. Consequently the consolidation of the railways into larger units for the purpose of securing the substantial values to the public which will come from larger operation has been the logical conclusion of Congress in its previous enactments, and is also supported by the best opinion in the country. Such consolidation will assure not only a greater element of competition as to service, but it will afford economy in operation, greater stability in railway earnings, and more economical financing. It opens large possibilities of better equalization of rates between different classes of traffic so as to relieve undue burdens upon agricultural products and raw materials generally, which are now not possible without ruin to small units owing to the lack of diversity of traffic. It would also tend to equalize earnings in such fashion as to reduce the importance of section 15A, at which criticism, often misapplied, has been directed. A smaller number of units would offer less difficulties in labor adjustments and would contribute much to the, solution of terminal difficulties.
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About Calvin Coolidge
John Calvin Coolidge Jr. (4 July 1872 – 5 January 1933) was the 30th president of the United States (1923–29). A Republican lawyer from Vermont, Coolidge worked his way up the ladder of Massachusetts state politics, eventually becoming governor of that state. His response to the Boston Police Strike of 1919 thrust him into the national spotlight and gave him a reputation as a man of decisive action. Soon after, he was elected as the 29th vice president in 1920 and succeeded to the presidency upon the sudden death of Warren G. Harding in 1923. Elected in his own right in 1924, he gained a reputation as a small-government conservative.
Biography information from Wikiquote
Also Known As
Birth Name:
John Calvin
Alternative Names:
John Calvin Coolidge Jr.
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John Calvin Coolidge
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President Coolidge
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J. C. Coolidge
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C. Coolidge
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Additional quotes by Calvin Coolidge
We read events by what goes before and after. We think of Bunker Hill as the first real battle for independence, the prelude to the Revolution. Yet these were both after thoughts. Independence Day was still more than a year away and then eight years from accomplishment. The Revolution cannot be said to have become established until the adoption of the Federal Constitution. No, on this June day, these were not the conscious objects sought. They were contending for the liberties of the country, they were not yet bent on establishing a new nation nor on recognizing that relationship between men which the modern world calls democracy. They were maintaining well their traditions, these sons of Londonderry, lovers of freedom and anxious for the fray, and these sons of the Puritans, whom Macaulay tells us humbly abased themselves in the dust before the Lord, but hesitated not to set foot upon the neck of their king.
Governments do not make ideals, but ideals make governments. This is both historically and logically true. Of course the government can help to sustain ideals and can create institutions through which they can be the better observed, but their source by their very nature is in the people. The people have to bear their own responsibilities. There is no method by which that burden can be shifted to the government. It is not the enactment, but the observance of laws, that creates the character of a nation.
We had our domestic problems which resulted from the war. The chief of these was the care and relief of the afflicted veterans and their dependents. This was a tremendous task, on which about $3,000,000,000 has already been expended. No doubt there have been cases where the unworthy have secured aid, while the worthy have gone unrelieved. Some mistakes were inevitable, but our people and our Government have at all times been especially solicitous to discharge most faithfully this prime obligation. What is now being done is related to you in detail by General Hines, of the Veterans' Bureau, a public official of demonstrated merit, so that I shall not dwell upon it. During the past year, under the distinguished and efficient leadership of Commander Drain, the Legion itself has undertaken to provide an endowment fund of $5,000,000 to minister to the charitable requirements of their comrades. The response to this appeal has been most generous and the results appear most promising. The Government can do much, but it can never supply the personal relationship that comes from the ministrations of a private charity of that kind.
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